2305 WithersMyrtle Beach, SC 29577

  • Hospitality properties
  • 10,652 SF
Off market
$5,410,060 Estimated

Property Details for 2305 Withers

Year built
1960
Construction
CONCRETE
Lot size
0.54 AC
Property size (Sq ft)
10,652 SF
Zone code
TA1
Property type
Hospitality properties
Property subtype
Hotels
APN
424-10-03-0001
APU
42410030001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,125,270
    6.5%
    $1,961,787
    7%
    $1,821,660
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,628,063
    Geo Method
    $5,745,891
  • Alternative Use

    Use
    Valuation
    Residential
    $2,141,702
    Hospitality
    $1,961,787
    Educational
    $1,632,184
    Medical
    $1,688,317
    Retail
    $2,538,953
2305 Withers, Myrtle Beach, South Carolina

Location Insight

City
Myrtle Beach
County
Horry
State
South Carolina
Latitude
33.7034
Longitude
-78.8691
CBSA code
34820
CBSA name
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,425
$16,783
$28,698
$45,481
-
$279,720
$478,300
$758,020

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